Kant highlighted that tourism, alcohol-beverages and sugar industries have the potential to generate jobs and fuel India's growth story
Taxpayers would benefit from certainty in the assessment matters
The minister also said that under his leadership, the government has already reduced the number of days of granting environmental approvals from 640 days to 108 days
Good move, but a more holistic approach needed
The participation of women in the economy must increase and the country cannot grow without bringing the large women population into the workforce, CEO Kant said
In 2018, UP was placed 12th behind top ranked Andhra Pradesh, Telangana
Merely focusing on specific marque indices alone cannot ensure a desired outcome
Over the last few years, India has registered a steady improvement in Ease Of Doing Business across indicators
As per the draft policy, ministries and departments will be told to assess whether licensing should be scrapped and replaced with a simple registration process
Regulatory hassles, high import tariffs are a disincentive, they say
Entrepreneurs now require fewer mandays, fewer documents and fewer trees annually to start a business
PM Modi said his government is focused on removing the barriers which were preventing the country from achieving its potential
Implementation of Goods and Services Tax and measures of simplification and consolidation of taxes have reduced transaction costs and made processes efficient, he said
Country is ahead of China, Vietnam and Bangladesh on construction permits, trading across borders and starting a business, but certain painful procedures in the metro haven't been eased yet
The US continues to have the largest presence on the elite list with 132 firms, followed by China at 109
Cracking the ease of doing biz code should be accompanied with efforts to do better than other countries
In the World Bank's latest Ease of Doing Business ranks, India jumped 23 spots to 77. Last year, it had jumped 30 spots
India was ranked 142nd among 190 nations when the Narendra Modi's government took office in 2014
India's rank rose 23 places to the 77th spot in the 'Doing Business' rankings released on October 31
This worsening state of doing business in India actually explains why the central government has even risked souring relations with the country's central bank